Posted by Bill(Wis) on July 19, 2020 at 06:54:22 from (75.97.187.58):
In Reply to: How do they do it? posted by Cowboy2005 on July 18, 2020 at 14:41:05:
We've had a lot tougher farming years in the USA than the ones we're in now. It hits each farmer a little differently, though. In 1930 a local neighbor was going broke. My grandfather went right over and paid him cash for his farm. My grandfather was a smart farmer, as was my father. Everything was paid for (after 1914) and still is. I don't buy anything unless I can pay cash for it. Last tractor I bought, in 2016, I could have paid cash for but didn't when dealer (owner of the dealership) told me: "Bill, I know you want to pay cash for this tractor but if you finance it through John Deere , you'll get another $4000 off." I jumped at that one, got the additional $4000 off and paid the loan off within a few days. What I'm talking about when I bring politicians into it is that they're scared for their political lives over what would happen if a major shortage of food ever occurred. They would lose their jobs. Riots in the streets would occur that would make today's situation look like a Kindergarten romp. They let the farmer produce plenty of food and then through a payment to him through the back door. Keeps everyone pacified.
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Today's Featured Article - A Brief History of Tractors in Australia - by Bob Kavanagh. After Captain Cook's exploration of the east coast in 1770 the British Government decided to establish a penal colony in Australia. The first fleet arrived in 1788 and consisted mainly of convicts who were poorly equipped and new little of farming techniques. The colony remained far from self-supporting and it was not until the early 1800's that things started to improve. Free settlers started to arrive, they followed the explorers across the mountains and where land was suitable set up farms. T
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